How Long Does It Take to Receive Money from Zelle

How Long Does It Take to Receive Money from Zelle

Zelle is a money transfer company in the United States of America. The institution facilitates the transfer of money between banks and credit unions online. We have numerous banks in the United States that accept the platform’s services. However, a few have not started using Zelle’s services. The question is, how long does it take to receive money from Zelle? I will be discussing that later on, so stay around.

Everybody would like to use a service that ensures faster delivery of money so that they do not keep waiting for long. Money for emergency uses should arrive as soon as the transfer is initiated to serve the intended purpose, such as paying hospital bills and buying food, among other uses. We all know about money transfer services such as PayPal and Payoneer that allow instant money transfers worldwide. What about Zelle?

For your understanding, Zelle operates online. That means you should have an internet-enabled device such as a smartphone, tablet, or computer to use its services. Also, your bank must support online money transfers to be able to use Zelle. By the way, the service eliminates the necessity of using the routing and account numbers of the recipient to send money. You are good to go if you provide a few details about the recipient when sending money. 

How to get started with Zelle?

To start using Zelle, you do not need to do many things. If your bank supports the service, you can find it integrated into your online banking or mobile app. Therefore, you do not have to download the mobile app. You need to fill in your particulars, such as an email address, U.S. mobile number, and a Visa® or Mastercard®, or debit card from the U.S. bank. The platform does not support credit cards, and thus you should never add one.

Suppose your bank or credit union does not support Zelle. In that case, you should not worry since you can use the application independently. Depending on your phone’s operating system, you need to download the app from Google Play or App Store. You can transact within the app, although there are limitations on the amount you can send.

How to send money through Zelle?

How Long Does It Take to Receive Money from Zelle

Now that you know that the service allows you to send money between banks or credit unions, the question remains, how do you send money via the platform? To send money, you first enroll in the service and add your recipient’s email or U.S. phone number, the amount to send, then review and add a description of why you are sending the funds.

The next thing one should do is tap “confirm.” Once you do so, the funds will transfer to the target account. Mostly, the funds reach the recipient’s accounts in minutes. Remember that you can request or receive funds with Zelle apart from sending money.

To receive finances via the platform, you need to share your enrolled email or mobile number with the friend or person you trust for them to send you money with Zelle. Banks allow you to transfer money internationally via wire transfers. But does Zelle send money internationally? We will know about that shortly.

How long does it take to receive money through Zelle?

Transfering money through Zelle is usually instant. The finances are available in the recipient’s account as soon as you send them to the intended recipient. However, there might be issues with systems that may delay the transfers. Also, you may input the wrong mobile number or email of the recipient only for the funds to stay pending.

However, you can still send money to someone, not on Zelle. Suppose the recipient has not enrolled in the service yet. In that case, they will get an email or text notification about the transfer showing them how much money you have sent them. Zelle will guide them on the steps to open an account to claim their funds. After creating an account, they will receive the funds directly into their bank account associated with their profile.

If the recipient doesn’t enroll in the service within 14 days, the payment will expire, and Zelle will return the funds to your account. Failure of the recipient to do the necessary to claim their funds can be one reason why funds may stay pending.

Who do I send money through Zelle?

You can send finances to almost anyone you trust with a bank account in the United States. When sending money on Zelle®, at least one side (sender or receiver) must have access to Zelle through their bank or credit union. If you do not know if your bank offers Zelle, you can check online to see if they support the service. You can also contact your bank by phone call and ask them if they support the platform.

Upon finding out that your bank or credit union supports Zelle®, you can transfer money to almost anyone you know and trust using a bank account in the U.S. If your bank or credit union does not support the service, then the person you are sending funds to should have access to Zelle® via their bank or credit union.

Does Zelle support international money transfers?

We have seen how you can transfer finances to people in the U.S. with Zelle. But can you send money internationally with Zelle? The simple answer to the query is that Zelle does not support international money transfers. It operates in the U.S. only.

If you want to transfer finances internationally, you should use other means such as wire transfers that involve sending money from your bank account to another bank account where the recipient is located. Other options for international transfers are mobile wallets such as PayPal, Payoneer, Skrill, and third-party agents such as Western Union and MoneyGram. Maybe one day, the platform will allow money transfers across the borders.

How much can you send through Zelle?

Zelle does not specify the maximum or the minimum amount of money you can send using your bank or credit union. If your financial services company offers Zelle, you should contact them directly to learn about their sending limits. Every bank has its transfer limit through the platform.

However, if your financial company does not offer Zelle services, your weekly transfer limit is $500. The amount is fixed, and the service does not heed requests about increasing or decreasing your limit. It would be better to use the service with your bank or credit union to have a higher transfer limit. So now the question “how much money can you send through Zelle” is well answered.

How do I receive money through Zelle?

If you are enrolled in the service, and someone sends you money, you do not have to do anything. The funds will reflect automatically in your bank account associated with your Zelle account. However, if you receive money through your email and are not yet enrolled in the service, you must enroll to claim the finances.

How much fees does Zelle charge for transfers?

Sending money across Zelle is free. However, your financial institution may charge fees when sending or receiving money across the platform. Zelle is not liable for such fees since it does not control how other businesses operate.

Note that the platform does not charge fees when making transfers. You might be wondering how they make money from the services they offer. Usually, Zelle charges a certain percentage from the financial companies that support it when users transact.

Does Zelle support business transactions?

If you have a business, you can use Zelle to receive payments from others. However, the service requires businesses to have supported bank accounts. That way, you will be able to receive your payments right into your account.

Since the service supports businesses, you as a customer can make payments for your goods and services to the business even if you are using the independent Zelle app. Remember I told you that Zelle allows you to use the app independently.

Is Zelle secure?

The platform is safe to use if you trust the person, you’re sending funds to. Upon authorizing a payment, it goes through various processing within the bank. Since the bank’s digital infrastructure is usually secure, you can ensure your transaction is as secure as your bank. Furthermore, your online banking app usually has a password and biometric identification.

Above all, when using the independent Zelle app, you must always input your password to log into your account. Above all, transactions in the app are end-to-end encrypted, meaning that third parties cannot access your account. 

Does Zelle® report the amount of money you receive to the IRS?

Zelle does not report any transaction you make on its network to the IRS. The law requiring specific payment networks to produce forms 1099K for information reporting does not cover platforms such as Zelle Network®.

Bottom line

Zelle is a money transfer company that allows you to send funds across banks and credit unions in the U.S. It operates online and does not support international transfers. The bank account or debit card you use with Zelle should be U.S.-based.

You cannot use a credit card with the service. When sending money via Zelle, you should only make the transfers to people you know to minimize fraud. Interestingly, you can use the Zelle app independently.

Spencer Tierney is a writer and expert on certificates of deposits at His work has been featured by USA Today, MSN, SF Gate, the Los Angeles Times, NerdWallet and more. He earned a bachelor’s degree in English at UC Berkeley.